AnnTo: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
AnnTo
Largest movements
- Tangible fixed assets -€21,680
down €21,680 (-36.4%), from €59,519 to €37,838
of which Leasing and similar rights: -€20,318
- Current investments -€10,000
down €10,000 (-14.3%), from €69,739 to €59,739
- Receivables within one year +€2,679
up €2,679 (+16.0%), from €16,731 to €19,410
of which Other amounts receivable: +€3,645
- Debts after one year -€16,330
down €16,330 (-80.7%), from €20,229 to €3,899
- Provisions -€10,000
down €10,000 (-100%), from €10,000 to €0
- Current portion of long-term debt -€9,314
down €9,314 (-36.3%), from €25,644 to €16,330
- Tax, wage and social debts +€5,579
up €5,579 (+94.0%), from €5,934 to €11,513
of which Taxes: +€3,185
- Reserves +€3,516
up €3,516 (+3.9%), from €89,101 to €92,617
- Gross operating margin -€17,562
down €17,562 (-42.0%), from €41,795 to €24,233
- Provisions -€10,000
down €10,000, from €0 to -€10,000
- Taxes -€3,636
down €3,636 (-44.4%), from €8,183 to €4,547
- Financial income -€2,855
down €2,855 (-82.6%), from €3,456 to €601
- Financial charges -€1,908
down €1,908 (-59.0%), from €3,232 to €1,324
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €183,953 | €156,044 | -€27,909 | -15.2% |
| Fixed assets | 21/28 | €80,572 | €58,891 | -€21,680 | -26.9% |
| Tangible fixed assets | 22/27 | €59,519 | €37,838 | -€21,680 | -36.4% |
| Furniture and vehicles | 24 | €2,334 | €971 | -€1,362 | -58.4% |
| Leasing and similar rights | 25 | €57,185 | €36,867 | -€20,318 | -35.5% |
| Financial fixed assets | 28 | €21,053 | €21,053 | = | 0.0% |
| Current assets | 29/58 | €103,381 | €97,152 | -€6,229 | -6.0% |
| Amounts receivable within one year | 40/41 | €16,731 | €19,410 | +€2,679 | +16.0% |
| Trade receivables | 40 | €14,912 | €13,947 | -€966 | -6.5% |
| Other amounts receivable | 41 | €1,819 | €5,464 | +€3,645 | +200% |
| Current investments | 50/53 | €69,739 | €59,739 | -€10,000 | -14.3% |
| Cash at bank and in hand | 54/58 | €1,291 | €1,164 | -€127 | -9.8% |
| Deferred charges and accrued income | 490/1 | €15,620 | €16,839 | +€1,219 | +7.8% |
| Total equity and liabilities | 10/49 | €183,953 | €156,044 | -€27,909 | -15.2% |
| Equity | 10/15 | €95,301 | €98,817 | +€3,516 | +3.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €89,101 | €92,617 | +€3,516 | +3.9% |
| Distributable reserves | 133 | €89,101 | €92,617 | +€3,516 | +3.9% |
| Provisions and deferred taxes | 16 | €10,000 | €0 | -€10,000 | -100% |
| Provisions for liabilities and charges | 160/5 | €10,000 | €0 | -€10,000 | -100% |
| Other liabilities and charges | 164/5 | €10,000 | €0 | -€10,000 | -100% |
| Amounts payable | 17/49 | €78,652 | €57,227 | -€21,425 | -27.2% |
| Amounts payable after more than one year | 17 | €20,229 | €3,899 | -€16,330 | -80.7% |
| Financial debts | 170/4 | €20,229 | €3,899 | -€16,330 | -80.7% |
| Amounts payable within one year | 42/48 | €58,423 | €53,328 | -€5,095 | -8.7% |
| Current portion of amounts payable after more than one year | 42 | €25,644 | €16,330 | -€9,314 | -36.3% |
| Financial debts | 43 | €1,517 | €1,773 | +€255 | +16.8% |
| Credit institutions | 430/8 | €1,517 | €1,773 | +€255 | +16.8% |
| Trade debts | 44 | €243 | €1,636 | +€1,394 | +574% |
| Suppliers | 440/4 | €243 | €1,636 | +€1,394 | +574% |
| Taxes, remuneration and social security | 45 | €5,934 | €11,513 | +€5,579 | +94.0% |
| Taxes | 450/3 | €2,142 | €5,327 | +€3,185 | +149% |
| Remuneration and social security | 454/9 | €3,792 | €6,186 | +€2,394 | +63.1% |
| Other amounts payable | 47/48 | €25,084 | €22,075 | -€3,009 | -12.0% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,703 | €21,680 | -€1,023 | -4.5% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €0 | -€10,000 | -€10,000 | |
| Other operating charges | 640/8 | €3,719 | €3,767 | +€48 | +1.3% |
| Gross operating margin | 9900 | €41,795 | €24,233 | -€17,562 | -42.0% |
| Operating profit (loss) | 9901 | €15,372 | €8,785 | -€6,587 | -42.9% |
| Financial income | 75/76B | €3,456 | €601 | -€2,855 | -82.6% |
| Recurring financial income | 75 | €3,456 | €601 | -€2,855 | -82.6% |
| Financial charges | 65/66B | €3,232 | €1,324 | -€1,908 | -59.0% |
| Recurring financial charges | 65 | €3,232 | €1,324 | -€1,908 | -59.0% |
| Profit (loss) for the period before taxes | 9903 | €15,597 | €8,063 | -€7,534 | -48.3% |
| Income taxes | 67/77 | €8,183 | €4,547 | -€3,636 | -44.4% |
| Profit (loss) for the period | 9904 | €7,414 | €3,516 | -€3,898 | -52.6% |
| Profit (loss) for the period to be appropriated | 9905 | €7,414 | €3,516 | -€3,898 | -52.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.